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$800,000

$849,900 5.9%

Est. payment - /mo

6 Beds

2 Baths

Sold on 09/02/2025

808 TALBOT ST London East, ON N6A 2V6

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Rakhee Khatri

Sales Representative

+1(416) 464-6568

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UPDATED:

Key Details

Sold Price $800,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision East B

MLS Listing ID X12130084

Sold Date 09/02/25

Style 2-Storey

Bedrooms 6

Annual Tax Amount $7,488

Tax Year 2024

Property Sub-Type Duplex

Property Description

Turnkey licensed duplex in prime Old North location-steps to Gibbons Park and walking distance to UWO, St. Josephs Hospital, and Downtown London. High-demand rental area with proximity to transit, shopping, and entertainment as well as direct bus route to UWO. This extremely well-maintained property features a private double drive and 5 designated parking spots-rare and income-generating. Upper unit offers 4 bedrooms at $3,339/month. Main floor is a 2 bedroom unit leased at $2,100/month. Both units are leased until April 30, 2026. Annual rental income: $65,268 + $1,800/year from parking = $67,068 total. Each unit has in-suite laundry. Owner pays heat ($1,835/year) and hydro ($3,246/year). Recent upgrades include new furnace and a/c (2018), roof and skylights (2016), owned water heater and fresh paint throughout. Strong cap rate with potential for rent increases upon tenant turnover. This is an exceptional investment in a high-demand location with proven income and long-term value growth.

Location

State ON

County Middlesex

Community East B

Area Middlesex

Zoning R3-2

Rooms

Family Room No

Basement Unfinished, Full

Kitchen 2

Interior

Interior Features Water Heater, In-Law Capability, In-Law Suite, Guest Accommodations

Cooling Central Air

Exterior

Exterior Feature Deck

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Road Frontage Paved Road

Lot Frontage 41.01

Lot Depth 164.09

Total Parking Spaces 5

Building

Building Age 100+

Foundation Poured Concrete

New Construction false

Others

Senior Community No

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Listed by COLDWELL BANKER POWER REALTY

GET MORE INFORMATION

Rakhee Khatri

Sales Representative

+1(416) 464-6568

808 TALBOT ST London East, ON N6A 2V6

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

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